# NEIGHBORHOOD COMMUNITY BANK

> **Failed bank** · NEWNAN, GA · failed 2009-06-26 · State commercial bank, Federal Reserve member · FDIC cost $81M

## What happened

NEIGHBORHOOD COMMUNITY BANK of NEWNAN, GA was closed by state regulators on **2009-06-26**. The FDIC was named receiver.

**Resolution:** Purchase & Assumption — acquiring bank assumed deposits + bought assets

Deposits were transferred to **CHARTERBANK** (WEST POINT, GA). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 3635
- **FDIC Certificate:** 35285
- **FDIC FIN:** 10069
- **Bank name:** NEIGHBORHOOD COMMUNITY BANK
- **Location:** NEWNAN, GA
- **Failure date:** 2009-06-26
- **FDIC resolution date:** 2009-06-26
- **Charter type:** State commercial bank, Federal Reserve member
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $81M
- **Deposits at failure:** $190M
- **Assets at failure:** $213M
- **Acquiring bank:** CHARTERBANK (WEST POINT, GA)

## Other banks CHARTERBANK has acquired in FDIC resolutions

- THE FIRST NATIONAL BANK OF FLORIDA (MILTON, FL) — failed 2011-09-09 — /failed-bank/3961
- MCINTOSH COMMERCIAL BANK (CARROLLTON, GA) — failed 2010-03-26 — /failed-bank/3774

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=NEIGHBORHOOD%20COMMUNITY%20BANK

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, NEIGHBORHOOD COMMUNITY BANK (FDIC ID 3635), failed 2009-06-26. Retrieved via AI Analytics 2026-05-19 from https://api.ai-analytics.org/failed-bank/3635.

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